Director, Actuarial, Claims Data

3 days ago

, Canada Intact Financial Corporation Full-time

Our employees are at the heart of everything we do. Together, we help people, businesses, and society prosper in good times and be resilient in bad times.

Our employee promise represents Intact’s commitment to you in exchange for living our Values, striving to do your best work, being open to change and investing in your career. In return, we promise to provide support, opportunities and performance-led financial rewards at a workplace where you can shape the future, win as a team and grow with us.

Pay at Intact is about much more than just salary.

  • Flexible work arrangements and a hybrid work model
  • Possibility to purchase up to 5 extra days off per year
  • Multiple benefits offered to support physical and mental wellbeing, including telemedicine, Wellness account and much more
  • Share plan & other savings: up to 12% of salary or even more (ask how you could earn guaranteed income for life)

Salary range (but not limited to):

174,500 - 213,300

Annual bonus target, based on the base salary, with a potential payout of up to double the target (subject to personal and company performance):

20%

As part of our commitment to Win As A Team, we share our success with employees through our annual bonus plan and Employee Share Purchase Plan (ESPP) – with Intact matching 50% of your net shares.

Our pension offerings provide flexibility and long‑term security for our employees beyond their careers. We are one of the few companies offering the opportunity to receive guaranteed income for life via our defined benefit pension plan.

Salary for the candidate will be determined taking into consideration a number of factors including: experience, skills, qualifications, anticipated contribution to role, internal equity, etc. The salary range presented above is based on a 35‑hour workweek and would represent a majority of different candidate profiles. However, we encourage candidates who may fall outside of this range to apply as well.

About the role

We're looking for a Director, Actuarial – Claims Data & Analytics in our innovative Claims team

The Director, Claims Data & Analytics (CDAT) is at the heart of the strategy in our Claims organization. Being a part of the largest business unit within Intact, the exposure of this role crosses many business units within Claims and our Intact strategies. This role is the voice and interpretation of our results within Claims and is heavily relied on to provide consulting on trends and actions to stakeholders widely in the organization.

The Director, Claims Data & Analytics works closely with senior members of the Claims Leadership team – including the Senior Vice‑President of Claims and their direct team, our COO, and contributes to forums including other Senior Executives at Intact. There is a high interaction with many business units within IFC (ie Commercial Lines, Personal Lines, Speciality Lines and the Lab) as well as collaboration to consult across countries. For this reason, it is a highly visible role.

This role has a highly talented team with approximately 3 direct reports (2 actuarial managers & 1 specialist), and a team of approximately 15 analysts who are all focused on various aspects of the claims operations, the interpretation of results and development of innovative tools & models.

CDAT objectives:

  • Be the centralized voice of claims data, reporting, and tools used by claims operations.
  • Be innovative – develop tools and models to help the claims operations be more efficient and make better-informed decisions.
  • Be proactive to identify trends and propose solutions to keep good control on indemnity.
  • Work closely with Supply Chain in the deployment and tracking of our Supply Chain strategy.

What you will do here:

  • You will continually explore the Claims environment to identify relevant trends and actions for the organization to take action on.
  • You will educate and build awareness of key trends with internal stakeholders within the Claims leadership team and external teams within IFC.
  • With your team, you will conduct various primary and secondary investigations on trends as required with senior leaderships in the claims operations and their team, growing an extensive knowledge of the workings of the Claims strategy.
  • Management of your team’s resources by organizing, planning and monitoring the optimal use of capacity in accordance with the Claims and IFC strategic objectives and priorities.
  • Continually assess corporate strengths, weaknesses, opportunities and threats and promote actionable proposals to address them.<